Applying venture capital principles to charities
Before the merger of Impetus Trust and the Private Equity Foundation, Tim West spoke to Daniela Barone Soares – now the CEO of the newly formed outfit.
In a wide-ranging interview, Barone Soares critques the nascent social investment marketplace, explains how the poverty in her homeland of Brazil inspired her to work in the social sector and advises young people on how they can best bring about postive social change through their work.
Here in the first part of the interview Barone Soares explains the motivations behind Impetus and explains how the Education Endowment Fund – one her favourite Impetus investments – functions.
In part two of the interview, Barone Soares explains why the most well-known social investors might actually be "dumb money".